A Look Into Layer 2 DEXs - Will ZKSwap Stand Out?
A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEX), DEX platforms are non-custodial, meaning a user remains in control of their private keys when transacting on a DEX platform. More DEXs are turning to Layer 2 solutions, such as Optimistic Rollups, ZK-rollups and Sidechains, to tackle scalability issues.
ZKSwap is a ZK-Rollup-based layer2 DEX employing the AMM model.
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